Windsor Company exchanged equipment used in its manufacturing operations plus $3,540 in cash for similar equipment used in the operations of Sheridan Company. The following information pertains to the exchange. Windsor Co. Sheridan Co. Equipment (cost) $33,040 $33,040 Accumulated depreciation 22,420 11,800 Fair value of equipment 14,750 18,290 Cash given up 3,540 (a) Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Windsor Company: Debit Credit Sheridan Company: